I don't think the odds are quite red or black - that would suggest a 50/50 probability of a successful well going into profitable production. The odds are probably more accurately determined by adding up the number of AKK has drilled and put into profitable production and dividing that number by the total number of wells they've drilled. I don't know their track record but is that more or less than 50/50?
Cheers, Sharks.
AKK Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
